Colgate-Palmolive (India) Q3 net up 3.64 pc at Rs 199 cr

New Delhi, Jan 30 () FMCG firm Colgate-Palmolive (India) on Thursday reported a 3.64 per cent increase in net profit at Rs 199.1 crore in the third quarter ended on December 31, 2019.

The company had posted a net profit of Rs 192.1 crore in the same quarter a year ago, Colgate-Palmolive (India) said in a regulatory filing.

Total income during the period under review stood at Rs 1,152.97 crore as compared to Rs 1,107.26 crore in the year-ago quarter, a growth of 4.13 per cent, it added.

"The current quarter continued to witness demand moderation and soft consumer sentiments. The company reported a net sales growth of 4.1 per cent despite category headwinds in both rural and urban," Colgate-Palmolive (India) MD Ram Raghavan said.

In the nine-month period ended December, the company said net sales grew 4.2 per cent at Rs 3,425.2 crore, while net profit for the same period was Rs 612.3 crore. RKL RUJ RUJ